IMA CEO Thomson foresees 'megatrends' for accountants this year

Institute of Management Accountants president and CEO Jeff Thomson is predicting six megatrends in the finance and accounting profession this year.

9 ideas on how small firms can improve diversity

In response to the renewed focus on racial equity, many organizations — including accounting firms — have pledged to make change. But there's much work to be done. According to the AICPA's 2019 Trends report, 29% of professional staff in...

8 Business Compliance Considerations for 2021

To avoid penalties and other headaches, one of your business clients' many responsibilities is to remain in good standing with the state they operate in. But why is this so important, and what do they need to think about for 2021? Nellie Akalp...

SBA and Treasury reopen Paycheck Protection Program

The U.S. Small Business Administration and the Treasury Department relaunched the Paycheck Protection Program on Monday to new borrowers, prioritizing loans from community lenders. The program, funded with $284.5 billion thanks to the latest...

5 tactics to plan your way through the pandemic in 2021

Regulators in several countries approved vaccines, and immunisation against the coronavirus started in December. The vaccines have shown to be highly effective in clinical trials, but the pandemic is not expected to subside for several...

PPP application forms released

The US Small Business Administration and Treasury released borrower loan application forms Friday night for the rebooted Paycheck Protection Program (PPP), which will launch Monday, initially for select lenders and borrowers before a broader...

Labor Department finalizes rule on employee vs. independent contractor status

The U.S. Department of Labor issued a final rule Wednesday to clarify the standard for determining whether a worker should be considered an employee or an independent contractor. The rule is one of many contentious regulations that the Trump...

RSM US featured in Accounting Today Practice Profile "Showing up in a crisis"

When the coronavirus pandemic started shutting down offices in mid-March, Chicago-based Top Five firm RSM US was quick to transition to remote working — while also planning other ways to more broadly support its people through the...

Moving Beyond Diversity to Foster Inclusion in Finance

Diversity and inclusion in finance aren’t new concepts. It’s long been a top priority for leaders in our profession, and in this year of uncertainty, we need new ideas and diversity of thought to re-imagine the path forward. The tragic events of...

CPA Firms Mobilizing to Support $900 Billion COVID Relief Bill Signed into Law

With last night’s enactment of the emergency Coronavirus Relief Package that includes renewed PPP funds and related assistance, new regulations will be in place early in the new year, according to the AICPA and its business and technology arm,...

More >